Traduction de «External solvency the currency » (Anglais → Français) :

7. When selecting an external service provider, the Member State(s) concerned shall scrutinise the solvency and reliability of the company, including the necessary licences, commercial registration, company statutes, bank contracts, and ensure that there is no conflict of interests.

In particular, the Commission should be empowered to adapt the list of customs procedures or customs-approved treatment or use which determine an export or import for external trade statistics; to adopt different or specific rules for goods or movements which, for methodological reasons, call for specific provisions; to adapt the list of goods and movements excluded from external trade statistics; to specify the data sources other than the customs declaration for records on imports and exports of specific goods or movements; to specify the statistical data, including the codes to be used; to establish requirements for data related t ...[+++]o specific goods or movements; to establish requirements on the compilation of statistics; to specify the characteristics of samples; to establish the reporting period and the level of aggregation for partner countries, goods and currencies; and also to adapt the deadline for transmitting statistics, content, coverage and revision conditions for statistics already transmitted; and to establish the deadline for transmitting statistics on trade by business characteristics and statistics on trade broken down by invoicing currency.

Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to manage the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, or serving as a basis for foreign borrowing).

John Murray informed the Committee that not only does short-run exchange volatility impose only limited costs, currency flexibility offers important advantages such as policy independence and the ability of the currency to partially insulate the Canadian economy from external economic shocks.

We can opt to maintain the external value of the Canadian dollar or of any other currency as compared to a reserve currency such as the American dollar or the mark in Europe.

Such adaptation must make it possible: - to take greater account of all the economic and social realities of the countries concerned and, among other things, assess the impact of the measures concerned on all men and women; - to contemplate direct, targeted budgetary support for countries whose external trade has been liberalized and whose currencies are freely convertible and transferable, so as to foster, in a context of financial restructuring, the implementation of effective, equitable and transparent budgets, in the light, inter alia, of the outcome of the negotiations ...[+++]on revision of the Lomé Convention; - to move from targeting counterpart funds towards more general allocation, as soon as progress has been made in improving the effectiveness of the monitoring instruments, programming and budget implementation, and as regards internalization of reviews of public expenditure; - to involve the States concerned more in the monitoring of implementation; - to ensure greater coherence of Union action in implementing all the Community instruments (indicative programmes, resources intended for adjustment, STABEX, and food aid); - to take account of external payment obligations when they have a lasting impact on poverty.